Exploring Middlesex Water's Earnings Expectations
Portfolio Pulse from Benzinga Insights
Middlesex Water (NASDAQ:MSEX) is set to release its quarterly earnings report on October 31, 2024, with analysts estimating an EPS of $0.68. The company's past performance shows mixed results, with a recent history of missing EPS estimates. Analysts have given Middlesex Water a Neutral rating, with a one-year price target suggesting a potential downside. The company shows strong financial metrics like revenue growth and net margin, but its market capitalization is below industry benchmarks.
October 30, 2024 | 9:02 pm
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NEUTRAL IMPACT
Middlesex Water is expected to announce its earnings with an estimated EPS of $0.68. The company has a Neutral analyst rating and a price target indicating a potential downside. Investors should watch for any surprises in the earnings report or guidance.
The upcoming earnings report is crucial for Middlesex Water, as it could influence stock price based on whether the company meets or exceeds the EPS estimate of $0.68. The Neutral rating and potential downside in the price target suggest limited short-term upside unless there is a positive earnings surprise or favorable guidance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100